Staco Insurance PLC
Mr Olawale Banmore is a seasoned Insurance practitioner with about 30 years on the job experience in the Industry.
He is a graduate of Sociology from the University of Ibadan and hold a Master’s Degree in Managerial Psychology from the same institution. Currently, a Doctorate degree student at Babcock University, Ilishan-Remo, Ogun State.
He is an associate member of the Chartered Insurance Institute of Nigeria (ACIIN); a member of the Africa Insurance Organization; a member of the Niger and South Africa Chambers of Commerce and alumni of the Lagos Business School. Also, a member, Institute of Directors as well as Board member, Centre for Development and Research, Federal University of Technology, Akure, Ondo State
He joined Royal Exchange Group in 2003 from UNIC Insurance and acted in various managerial capacities within the Company. He was the Managing Director of Royal Exchange Prudential Life Plc, a subsidiary of Royal Exchange Plc from 2011 to December4. 2019 and rose to the position of Group Managing Director in the same organization where he oversees several subsidiaries within the Group.
Prior to joining STACO, between April 2021 to May, 2022, he was Managing Director, BOS micro Insurance.
He has diverse experience and exposure in Technical services, Branch and Regional Operations, multichannel products and service marketing.
This person is not in any teams
This person is not in any offices
Staco Insurance PLC
STACO Insurance Plc is a Nigeria-based company engaged in the provision of non-life insurance business. The Company operates through eight segments: Fire, General Accident, Motor Vehicle, Oil and Gas, Marine, Aviation, Bond and Engineering. The Company's portfolio serves Nigeria's public and private sectors, including oil and gas, engineering/construction, manufacturing, trade, aviation and marine. The Company is also developing its micro insurance arm. The Company provides non-life insurance services to both retail and corporate clients all over Nigeria. The Company provides insurance for accidental death, permanent disability or hospitalization. The Company's subsidiary is Staco Insurance Company (Sierra Leone) Limited. Staco Insurance Company (Sierra Leone) Limited is an insurance company engaged in the provision of life and non-life businesses to retail and corporate customers in Sierra Leone, West Africa.